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ZEW Switzerland: Economic Expectations Decline
In April 2014 economic expectations for Switzerland have decreased by 12.0 points. The ZEW-CS Indicator now stands at a level of 7.0 points, which still signals stable economic expectations. The ZEW-CS Indicator reflects the expectations of the surveyed financial market experts regarding the economic development in Switzerland on a six-month time horizon. It is calculated monthly by the Centre for European Economic Research (ZEW) in cooperation with Credit Suisse (CS). In April, the assessment of the current economic situation in Switzerland improves by 16.2 points to a considerable level of 59.1 points. Thus, the ... (full story)